Tuesday February 07, 2012
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Estate Agents Gulf States |
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Estate Agents Gulf States |
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It is a fact that real estate agents are generally more efficient when sourcing a property "around the corner" than one in an area in which they are not involved on a daily basis. All property agents in Qatar on our estate agent directory realize the importance of customer care and are keen to match your desired criteria in their particular area.
They are members of connect.8gent.info, the fastest growing global network of real estate agents & property rental companies and are ready to find your ideal property in their local area.
We invite you to use our site, FREE OF CHARGE, and establish contact with the local agents in Qatar who are best equipped to find the property you are looking for.
If you’re looking to the Middle East region for the latest property hotspots or you’re interested in diversifying your investment portfolio then it may well be time to consider the emerging property market in Qatar.
Qatar has emerged as one of the most eye-catching real estate hotspot and property market. Real estate in Qatar offers property investors the chance to buy some of the most lucrative property investments available on the global real estate market.
The real estate boom in GCC countries has made the region an important investment and tourism hub. Capital surplus, geographic location, and investment legislations have all combined to make the real estate sector the prime attraction of local and foreign investments in the Gulf region, and the main catalyst of growth in the region's economies.
Since oil was discovered in Qatar back in the 1940’s this once economically poor fishing and pearling region has gone from strength to strength economically and now has an economy and standard of living to rival that of any modern country.
Located in the Arabian Peninsular and bordering Saudi Arabia to the South, the emirate isotherwise surrounded by the Persian Gulf and is independent and has been since the early 1970’s.
In recent years the Qatari government started to encourage foreign investors to buy property on luxury new developments in Qatar. Foreigners are allowed to buy property in specific areas of the country for 99 years, extendable for a further 99 years, and the property is transferable to their heirs. Non-Qatari nationals who buy property in the country will be granted permanent residence there.
Foreigners can buy property in designated areas. The three main ones are The Pearl Qatar, West Bay lagoon and Al Khor but other places are now becoming available.
The flagship of all residential developments in Qatar is the Pearl Qatar. Pearl Qatar is situated on an artificial island off the coast of Doha. The Pearl Qatar will include 8,000 villas and apartments. The new infrastructure of Pearl Qatar includes 5 star hotels and many other amenities.
Property in Pearl Qatar can be bought at prices starting at us$275 for a one-bedroom apartment, to around $500,000 for a large four-bedroom apartment.
Investment in Pearl Qatar property is expected to deliver a 10% minimum growth per annum over the next 5 years.
Click for off plan property in Qatar!
